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RELATED PARTY TRANSACTIONS
12 Months Ended
Jun. 30, 2022
RELATED PARTY TRANSACTIONS  
RELATED PARTY TRANSACTIONS

NOTE 5 - RELATED PARTY TRANSACTIONS:

 

Crossfield, Inc., a company of which the CEO, Robert Wolfe is an officer and director, has made advances to the Company which are not collateralized, non-interest bearing, and payable upon demand. At June 30, 2022 and 2021, the Company had a balance of $137,583 and $125,780 respectively. During the twelve-month period ended June 30, 2022 and 2021 expenses paid on behalf of the Company were $23,779 and $21,201 respectively. The Company repaid $16,139 of the advancement during the year ending June 30, 2022.